Keshavan Ramachandran becomes the new Executive Director of RBI

Why in news?

• The Reserve Bank of India (RBI) has appointed Keshavan Ramachandran to the post of Executive Director.
• This appointment comes at a time when RBI is prioritizing prudential regulation, risk management and financial stability in both banking and non-banking sectors.

Key information about him

• Designation: Executive Director (ED), Reserve Bank of India
• Date of appointment: July 1, 2025
• Department of responsibility: Department of Regulation - Prudential Regulation Division
• Total experience: Over 30 years of central banking experience

Roles and experience so far

• Prior to this, he was working as Principal Chief General Manager in the Risk Monitoring Department.
• He has worked in key areas such as currency management, supervision of banking and NBFCs, training and administration.
• He has also been the Principal of the RBI Staff College, where he formulated strategies for central banking training.
• He served as RBI's nominated member on the Board of Directors of Canara Bank for 5 years.
• He also contributed to the Auditing and Assurance Standards Board of ICAI (Institute of Chartered Accountants of India) for 2 years.

Significance of this appointment

• The appointment of Keshavan Ramachandran will further strengthen the regulatory and supervisory framework of RBI.
• His experience will help in better handling risk management and regulatory compliance amid growing financial uncertainties globally.
• This appointment is an indication that RBI is giving prominence to experienced leadership to deal with emerging financial challenges.